This kind of risk would be much too high for my personal system, but I know there are different people out there.
Some folks don’t have any problems with high draw downs to make better profits.
I am very risk averse, but that is something I needed to learn.
When I started out I had no idea what I did.
I just listened to people I didn’t know and did what they said.
I took lessons from my broker – you know, the guy who makes money anyway – even if you ruin your account?
I tried to develop a feeling for the market. Yes, a feeling!
Today I know that trading with a feeling is like driving on a highway, blindfold, trying to find out the right direction by listening to the car radio…
If you try to trade your feelings, you probably should not consider to trade at all.
In my eyes it is the second fastest way to part from your money – the best way probably would be burning it!
So if you want to keep your money, you need to adjust your risk!
If you are interested in adjusting your risk, maybe you want to watch the other performance videos on RobotTradingSystem.com – or wherever you get your trading performance videos…
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